This charming 4 plex is located just one block from the beach and just a couple blocks from Redondo's Riviera Village. There are (two), 2-bedrooms, 1 bath, and (two), 1-bedroom 1 bath units. Each unit has been completely upgraded to include all new widows, hardwood flooring, kitchen cabinets, appliances including refrigerators in each unit, and remodeled bathrooms and 3 year old roof. Each unit also comes with its own covered shared garage (carport) and the 2 bedrooms comes with an additional designated (2) parking spots (one covered garage and one uncovered space). The covered garages also have assigned storage for each unit. Three of the units are located downstairs with a 2-bedroom unit located upstairs. Very well-maintained and landscaped grounds with spacious front and side yard. This amazing renovated property is in outstanding condition and is located in one of the most prime locations that Redondo Beach has to offer. The Riviera Village is one of the loveliest shopping and nightlife destinations in Southern California, with numerous shops, boutiques, bars, restaurants, professional offices and a Trader Joe's grocery store. The Village features annual art and fitness festivals, special events, further enhancing the neighborhood' s general appeal. Strong CAP rate, Excellent cash flow and amazing investment opportunity.
Sold for $1,640,000 on 01/20/23
Listing Provided by:
Justin Miller DRE #01292458 949-759-5747,
First Team Real Estate
Bought with: eXp Realty of Greater Los Angeles, Inc.
$1,640,000
714 S Pacific Coast Hwy, Redondo Beach, CA 90277
6beds
4baths
2,936sqft
Multi Family
Built in 1943
-- sqft lot
$1,728,200 Zestimate®
$559/sqft
$3,042 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 23, 2023 at 07:36am
Listing Provided by:
Justin Miller DRE #01292458 949-759-5747,
First Team Real Estate
Bought with:
Mark Tawfik, DRE #02163547
eXp Realty of Greater Los Angeles, Inc.
Source: CRMLS,MLS#: PW22189758
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Free-Standing Range, Gas Oven, Refrigerator
- Laundry: None
Features
- Flooring: Carpet, Laminate
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,936
- Total interior livable area: 2,936 sqft
Property
Parking
- Total spaces: 6
- Parking features: Covered, Carport, Garage, On Site
- Garage spaces: 4
- Has carport: Yes
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 8,547 sqft
- Features: Front Yard, Garden, Sprinklers In Front, Lawn, Sprinklers On Side
Details
- Parcel number: 7508025007
- Zoning: RBRH-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Redondo Beach
HOA & financial
Other financial information
- Total actual rent: 8385
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
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Estimated market value
$1,728,200